Top Reasons to Subscribe Vishal Mega Mart Limited IPO

Key Factors To Invest In Vishal Mega Mart Ltd

About Vishal Mega Mart

Incorporated in 2001, Vishal Mega Mart is one of India’s leading hypermarket chains, offering a diverse range of products, including apparel, groceries, electronics, and home essentials. The company caters to middle and lower-middle-income consumers through a robust Pan India network of 645 stores, a mobile app, and an e-commerce website as of September 30, 2024.

Vishal Mega Mart provides a mix of its own brands and third-party products to address the everyday needs of consumers. Its portfolio spans categories like clothing, home furnishings, kitchen appliances, staples, and general merchandise. With a presence in 414 cities across 28 states and two union territories, the company is ranked among the top two offline-first diversified retailers in India.

Operating an asset-light business model, Vishal Mega Mart leases its stores and distribution centers while sourcing products from third-party vendors. Its direct local delivery service reaches 6.77 million users across 391 cities, ensuring convenience and accessibility.

Key Factors

• Serving a Large and Growing Population

Vishal Mega Mart addresses the needs of middle and lower-middle-income groups, a significant and expanding segment of the Indian population. Its tailored offerings ensure affordability and accessibility for this demographic.

• Consumer-Centric Approach

The company’s focus on understanding and fulfilling customer needs has led to a large and loyal consumer base. This commitment to consumer satisfaction has been a cornerstone of its success.

• Diverse and Growing Product Portfolio

With a strong mix of its own brands and third-party offerings, Vishal Mega Mart caters to a wide range of categories, including apparel, FMCG, and home essentials, meeting diverse consumer demands.

• Pan-India Presence

The company has a robust network of 645 stores across 414 cities, supported by its mobile app and website. Its ability to expand consistently reflects its track record of successful store growth.

• Technology-Enabled Operations

Leveraging technology and system-driven processes, the company ensures operational efficiency, supply chain optimization, and enhanced customer experiences through direct local delivery services.

• Experienced Management Team

Vishal Mega Mart benefits from a professional and experienced leadership team that drives its strategic growth and operational excellence.

• Strong Financial Performance

The company has a proven track record of delivering revenue and profit growth while maintaining capital efficiency, showcasing its financial stability and growth potential.

Key Details

IPO Date: 11 December 2024 to 13 December 2024 

Face Value: ₹10 per share

Price Band: ₹74 to ₹78 per share

Lot Size: 190 Shares 

Total Issue Size: ₹8,000 Cr

Vishal Mega Mart, a leading hypermarket chain in India, presents a compelling investment opportunity with its upcoming IPO from December 11-13, 2024. Serving a large and growing middle and lower-middle-income population, the company operates 645 stores across 414 cities and offers a robust e-commerce platform. Its asset-light model ensures operational efficiency, while its diverse portfolio, spanning apparel, FMCG, and home essentials, caters to a broad range of consumer needs.

The company has demonstrated consistent financial growth, with revenue increasing from ₹5,653.85 crore in FY22 to ₹8,945.13 crore in FY24, and profit after tax rising to ₹461.94 crore. Its technology-driven operations and consumer-centric approach have earned it a loyal customer base of 6.77 million direct delivery users.

With a price band of ₹74-₹78 per share and a total issue size of ₹8,000 crore, Vishal Mega Mart’s IPO is an opportunity to invest in a proven leader with strong growth potential and market credibility.